The idea of a ‘stronger nudge' to pension guidance has been bandied about for some time now. It involves the idea that savers can be ‘nudged' into guidance when accessing or transferring savings, or applying pension freedom flexibilities, in order to better protect them from poor decision-making.
The Department for Work and Pensions' (DWP) consultation - which ran from July to September this year - sought views on draft regulations for delivering a stronger nudge to pension guidance when sa...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
